Texas Attorney General Halts Foreclosures

Breaking news - The Texas Attorney General halts foreclosures and sales of foreclosed properties!

This rather astounding development is summarized in the following bulletin from the Texas Association of Realtors Legal Department:

"The Texas Attorney General's office has halted all foreclosures, all sales of properties previously foreclosed upon, and all evictions of persons residing in previously foreclosed upon properties, until mortgage companies have completed a review of their processes, including whether employees or agents "robosigned” affidavits and other documents recorded in Texas."

"The AG suspension notices were sent to 30 mortgage-loan servicers doing business in Texas."

If you want to know more, read Nancy Sarnoff's and Parva Patel's Houston Chronical article reposted in the San Antonio Express News on 20 October 2010.

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We’re Stephanie and Randy Kelley, Realtors® of Keller Williams Legacy, San Antonio, Texas. If you have questions, need San Antonio realty or mortgage loan advice or assistance, or just want to chat a bit about the wonderful Alamo City, please call us at (210) 863-2661 or (210) 867-8743, or E-mail us at swkrealtor@aol.com or kelleybus@aol.com. Our SanAntonioHomeQuest.com Realty Solutions Team is always ready to help you with your home buying or selling needs.

That's the news about Texas Attorney General Halts Foreclosures.